Why Covenant Logistics (CVLG) Dipped More Than Broader Market Today

In the latest trading session, Covenant Logistics (CVLG) closed at $45.46, marking a -1.04% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.72%. At the same time, the Dow lost 1%, and the tech-heavy Nasdaq lost 0.95%.The truckload transportation services provider's stock has dropped by 1.23% in the past month, falling short of the Transportation sector's gain of 1.19% and the S&P 500's gain of 2.16%.Market participants will be closely following the financial resu ...